Student Loan Debt

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Pages: 5

Have you ever wondered if a college education is worth all of the stress and debt it puts you through? College is an important aspect of life for many people, whether it’s because it creates more job opportunities and a higher income, or because it just provides learning opportunities for useful skills. However, there are two opposing sides to the question of whether a college education is worth it or not. Some people believe that a college degree is not worth the student loan debt and stress, and that it is not necessary for most jobs today. On the other hand, other people believe that a college degree is worth the money as it opens doors to more careers and higher pay, which as a result will help you pay off your debt quickly and will help …show more content…
For example, in the article “Going to College is a Mistake for Many” by Richard Vedder, he states, "Average student loan debt rises above $25,000 and high-paying job opportunities become scarcer.” However, something to consider is that having a college degree will help individuals get into jobs that will pay off their debt and create economic and financial benefits in the long run. To start, in the article, “The ‘not everyone should go to college’ argument is classist and wrong” by Nelson Libby, she states, “Workers without a traditional college degree, but with a credential, earn more than workers with no credentials at all.” This evidence supports my claim in my first refutation that people with a college education still earn more than those without one. Having a college education or credentials in general will help individuals be able to pay off their debt quickly. Furthermore, another weakness of this counterclaim is that it does not consider the long-term benefits of college. First, in the article, “Education Pays 2007: The Benefits of Higher Education for Individuals and Society” by Sandy Baum and Jennifer Ma, they state, “Students who attend institutions of higher education obtain a wide range of personal, financial, and other lifelong benefits.” This quote supports my claim that the counterargument does not consider the long-term benefits of college. This is because the quote states how higher education creates and offers students a wide variety of opportunities and benefits, financially, personally, and lifelong. In conclusion, while it is true that college creates issues such as a large amount of student-loan debt, having a college degree will help you get into a high-paying job that will pay all of it off in no